<ARTICLE> 5 <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> JUN-30-1997 <CASH> 95,103 <SECURITIES> 258,283 <RECEIVABLES> 177,273 <ALLOWANCES> 0 <INVENTORY> 103,264 <CURRENT-ASSETS> 648,578 <PP&E> 3,013,496 <DEPRECIATION> 1,424,384 <TOTAL-ASSETS> 2,713,386 <CURRENT-LIABILITIES> 194,140 <BONDS> 758,178 <PREFERRED-MANDATORY> 0 <PREFERRED> 25,465 <COMMON> 44,478 <OTHER-SE> 1,049,915 <TOTAL-LIABILITY-AND-EQUITY> 2,713,386 <SALES> 704,849 <TOTAL-REVENUES> 704,849 <CGS> 552,773 <TOTAL-COSTS> 636,491 <OTHER-EXPENSES> (10,664) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 33,579 <INCOME-PRETAX> 10,398 <INCOME-TAX> 3,848 <INCOME-CONTINUING> 6,782 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 6,782 <EPS-PRIMARY> $0.12 <EPS-DILUTED> $0.12